BMO Financial Group Reviews | Glassdoor

BMO Financial Group Reviews

Updated September 21, 2017
1,590 reviews

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1,590 Employee Reviews

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More Pros and Cons

  1. "vice president"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BMO Financial Group full-time

    Pros

    It is a paying job

    Cons

    I actually have to work


  2. "Poor Leadership and a lots of bias"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Finance Manager
    Former Employee - Finance Manager
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at BMO Financial Group full-time (More than 3 years)

    Pros

    4 weeks of vacation and bank holidays

    Cons

    This is a company that used to be good to work for but not anymore and especially if you are looking for job with the subsidiary like Harris Bank. They prize themselves on corporate values, life balance and respect for people but unfortunately it is all on paper especially if you work for one of the subsidiaries and not the main office in Canada. Worse place I ever worked.

  3. "Decent firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at BMO Financial Group full-time

    Pros

    Strong group with opportunities to grow and move up the corporate ladder

    Cons

    Office politics dictates promotions and bonus more than individual contribution. Align yourself accordingly

    Advice to Management

    N/A


  4. "Need to spend $ on technology and streamline processes"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    I worked at BMO Financial Group full-time

    Pros

    Co-workers are friendly
    401k, insurance, and vacation time are competitive

    Cons

    Outdated technology
    Awkward multi-step processes and approvals
    Close-minded to new ideas

    Advice to Management

    Invest in technology and hire technology "developers" to implement the technology instead of using bankers with little technology background who are using technology implementation as a career stepping stone.


  5. "Control Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at BMO Financial Group full-time

    Pros

    Possible Opportunities for development

    Cons

    Poor leadership and management

    Advice to Management

    Hire people who are actually qualified and competent with the required experience


  6. "business Banking officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Saint Louis, MO
    Former Employee - Anonymous Employee in Saint Louis, MO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at BMO Financial Group full-time (More than 3 years)

    Pros

    Professional work environment and locations

    Cons

    Too much red tape to get things done

    Advice to Management

    none


  7. "risk"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Work life balance
    Location is good

    Cons

    Poor management
    Low Compensation
    High turnover rate

  8. "Senior Service Rep"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Service Representative
    Current Employee - Senior Service Representative

    I have been working at BMO Financial Group (Less than a year)

    Pros

    Nice hours, willing to work with you on scheduling. Nice to have an opportunity to commission.

    Cons

    Making it nearly impossible to get commission. Overly sales bases. Outdated software and out of touch management


  9. "Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Indianapolis, IN
    Former Employee - Anonymous Employee in Indianapolis, IN
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    The hours were good and branches were clean.

    Cons

    Limited opportunity because of the size of the bank.


  10. "Audit Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Audit Manager
    Current Employee - Audit Manager
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at BMO Financial Group (Less than a year)

    Pros

    The company is interested in their employees perception of the business

    Cons

    There isn't any cons to report


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